QQQQ almost tested its Jan22 lows, other indexes not yet there. We staged a nice combeack this afternoon on huge volume but end short of a total reversal so that spoiled the party. We may still retest but we are reaching oversold boundaries now and if squeeze is of any indication we may get a pop from here unless we go ahead and break the lows and fire a long term squeeze.
In the meantime I am trading whatever is working ie Commodities. Both DBA and DBC are reaching a but point and I may buy them either tomorrow or day after.
About Me
- Sid
- A techy at heart who tries to keep in sync with ever changing technical and business world. A producer, architect, developer, leader, all rounder, like to do what I really love- Technology
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